| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.1B | $984M | 13.1% | 22.0% |
| Op. Income | -$39M | -$36M | -$104M | -9.4% | 62.4% |
| Gross Margin | 42.7% | 45.2% | 44.5% | -2.5pp | -1.8pp |
| Net Margin | -3.0% | -0.9% | -8.0% | -2.1pp | 5.0pp |
| EPS (Diluted) | $-0.24 | $-0.06 | $-0.55 | -285.2% | 56.4% |
| Free Cash Flow | $77M | $68M | $13M | 13.6% | 499.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $688M |
| GROSS PROFIT | $513M |
| R&D Expenses | $185M |
| Selling & Marketing | $272M |
| General & Administrative | $94M |
| SG&A Expenses | $366M |
| Other Expenses | $0 |
| Operating Expenses | $552M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | -$39M |
| Interest Income | $0 |
| Interest Expense | $666.0K |
| Other Income/Expenses | $13M |
| INCOME BEFORE TAX | -$26M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | -$36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$36M |
| D&A | $86M |
| EBIT | -$25M |
| EBITDA | $61M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$36M |
| Depreciation & Amortization | $97M |
| Stock-Based Compensation | $102M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$93M |
| OPERATING CASH FLOW | $79M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$33M |
| NET CASH FROM FINANCING | -$32M |
| FREE CASH FLOW | $77M |
| Net Change in Cash | $32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.2B |
| Short-Term Investments | $0 |
| Net Receivables | $813M |
| Inventory | $158M |
| Other Current Assets | $103M |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $518M |
| Goodwill | $162M |
| Intangible Assets | $265M |
| Long-Term Investments | $75M |
| Tax Assets | $0 |
| Other Non-Current Assets | $50M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $274M |
| Short-Term Debt | $0 |
| Deferred Revenue | $106M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $25M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $579M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $15.0K |
| Additional Paid-In Capital | $3.9B |
| Retained Earnings | -$1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $592M |
| Net Debt | -$1.6B |
